Life Time (LTH)
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Life Time Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-01 10:45
Total revenue of $667.8 million increased 18.9% over the prior year quarter Net income of $52.8 million increased by $35.8 million over the prior year quarter Adjusted EBITDA of $173.5 million increased by 27.6% over the prior year quarter Diluted EPS increased to $0.26 Achieved positive free cash flow Reduced net debt leverage ratio to 3.0 times CHANHASSEN, Minn., Aug. 1, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced its f ...
Life Time Reveals Transformed Harbour Island Athletic Club in Tampa on July 9
Prnewswire· 2024-07-09 12:45
Core Insights - Life Time has opened its newest location, Life Time Harbour Island, in Tampa, Florida, on July 9, 2024, with a waitlist exceeding 10,000 members [1][4][7] Company Overview - Life Time operates over 170 athletic country clubs across the United States and Canada, focusing on health and wellness for individuals aged 90 days to 90+ years [9] - The company employs more than 39,000 professionals dedicated to promoting healthy living [9] Facility Details - The Harbour Island location spans nearly 6.5 acres, featuring a total of 186,000 square feet, including 36,000 square feet of indoor space and 150,000 square feet of outdoor facilities [4][3] - The outdoor area includes 12 pickleball courts and eight tennis courts with stadium seating, a 4-lane lap pool, a cold plunge pool, and a kids' splash pool [6] Amenities and Services - The facility offers various fitness studios for group classes, personal training, and a full-service LifeCafe restaurant and bar [5] - A dedicated Kids Academy provides activities for children aged 3 months to 11 years, focusing on various developmental skills [5] Community Impact - The opening of Life Time Harbour Island is expected to create new jobs and enhance the vibrancy of the Tampa community, aligning with the city's commitment to healthy living [4]
Life Time to Report Second Quarter 2024 Financial Results August 1
Prnewswire· 2024-07-02 12:00
Group 1 - Life Time Group Holdings, Inc. will release its financial results for the second quarter of 2024 on August 1, 2024, before market open [1] - A conference call to discuss the results and provide a business update will take place at 10:00 a.m. ET on the same day [1][4] - Life Time operates over 170 athletic country clubs in the U.S. and Canada, focusing on health and wellness through various programs and a digital app [3] Group 2 - The company employs more than 39,000 professionals dedicated to promoting healthy living and aging [3] - Life Time also owns and produces nearly 30 iconic athletic events across the country [3] - A recorded replay of the conference call will be available shortly after its conclusion, with specific access details provided [7]
Life Time Closes on $90 Million Sale-Leaseback Transaction
Prnewswire· 2024-07-01 10:45
CHANHASSEN, Minn., July 1, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announced that on Friday, June 28, 2024, it closed on a sale-leaseback transaction for two properties totaling $90 million in gross proceeds. This transaction brings the Company's total gross proceeds from sale-leasebacks to $130 million year-to-date. The Company is also in negotiations for additional sale-leasebacks with expected gross proceeds of $40-$65 million, which it expects to cl ...
From Our Dads to Yours: Life Time Trainers Share Father's Day Health Tips
Prnewswire· 2024-06-14 17:26
Core Insights - Life Time emphasizes the importance of health and wellness for fathers, providing tips from experienced personal trainers to inspire positive lifestyle changes [4][9] Group 1: Tips from Personal Trainers - Consistency in workouts is more important than perfection, encouraging fathers to adapt their routines as needed [5][10] - Seeking help and prioritizing mental health are crucial for maintaining balance and effectiveness in daily life [2][11] - Daily movement and setting a positive example for children can foster lifelong healthy habits [6][12] Group 2: Company Overview - Life Time operates over 170 athletic country clubs in the U.S. and Canada, focusing on healthy living and wellness programs [4][14] - The company offers a complimentary digital app to support fitness journeys, enhancing accessibility to health resources [4][3] - Life Time employs over 39,000 professionals dedicated to promoting health and wellness across various age groups [14]
Life Time to Participate in June Investor Conferences
Prnewswire· 2024-05-31 17:49
Core Viewpoint - Life Time Group Holdings, Inc. will participate in three investor conferences in June 2024, showcasing its commitment to engaging with investors and analysts [1]. Group 1: Upcoming Conferences - Life Time will attend the Morgan Stanley 2nd Annual Travel & Leisure Conference on June 3-4, 2024, with a fireside chat scheduled for June 3 from 3:00 pm to 3:30 pm ET [2][6]. - The company will also participate in the Oppenheimer Virtual 24th Consumer Growth & eCommerce Conference from June 10-12, 2024, with a fireside chat on June 12 from 11:15 am to 11:50 am ET [3][6]. - Additionally, Life Time will be present at the Northland Virtual Growth Conference on June 25, 2024, offering one-on-one meetings [4][6]. Group 2: Company Overview - Life Time operates over 170 athletic country clubs across the United States and Canada, focusing on health and wellness [4]. - The company supports a diverse range of healthy living programs through its Life Time Digital app, catering to individuals aged 90 days to over 90 years [4]. - Life Time employs more than 39,000 professionals and organizes nearly 30 iconic athletic events in the country [4].
Life Time Closes on $40 Million Sale-Leaseback Transaction
prnewswire.com· 2024-05-29 20:30
Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its portfolio of more than 170 athletic country clubs across the United States and Canada. The health and wellness pioneer also delivers a range of healthy way of life programs and information via its complimentary Life Time Digital app. The Company's healthy living, healthy aging, healthy entertainment communities and ecosystem serve people 90 days to 90+ years old and is supported by a team of more than 39,000 dedicated professiona ...
Life Time Hosting Exclusive Swim Clinics with Olympian Ryan Lochte
prnewswire.com· 2024-05-29 13:39
Upcoming clinics are scheduled at: Life Time, which operates more than 500 indoor and outdoor pools nationwide, is teaming up with world- renowned swimmer, current World Record Holder, and 12-time Olympic Medalist, Ryan Lochte, to offer a series of swim clinics across several of its athletic country clubs. Life Time, which operates more than 500 indoor and outdoor pools nationwide, is teaming up with world- renowned swimmer, current World Record Holder, and 12-time Olympic Medalist, Ryan Lochte, to offer a ...
Microsoft and Life Time Partner on Launch of AI-Driven Companion for Members: L.AI.C
Prnewswire· 2024-05-28 13:00
Powered by AzureOpenAI Service from Microsoft and now rolling out to beta users in the Life Time app, L.AI.C intuitively serves up club, programming and services information on demand with personalized workouts, classes and product recommendations coming soon CHANHASSEN, Minn., May 28, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the launch of L.AI.C ("lay-see"), the first generative, AI-driven Healthy Way of Life personal companion for its members. Now rolling out in beta via the Life Time me ...
Ready to Hit the Water for a Summer of Fun? Life Time Offers its Golden Rule for Swim Safety - 25:10
prnewswire.com· 2024-05-22 13:15
Enjoy a safe, entertaining summer with these essential swim safety tips CHANHASSEN, Minn., May 22, 2024 /PRNewswire/ -- Whether enjoying your favorite pool, lake or river this summer, a safety-first mentality is where it begins. Life Time (NYSE: LTH), offers several safety tips, including the most important 25:10 rule. This means if a child can't swim a standard 25-meter pool length without stopping, a parent or guardian must always be within 10 feet and, preferably, be right in the water with them. Life Ti ...